Music Rights Groups Raided By Police, Bosses Arrested For Fraud (TorrentFreak)
Sunday July 3rd, 2011
In a massive operation, Spanish music rights and anti-piracy groups SGAE and SDAE have been raided by more than 50 police officers and tax officials. Operation Saga is the culmination of a two-year investigation into embezzlement, fraud, and misappropriation of funds, the latter connected to SGAE and SDAE collecting money on behalf of artists and spending it with companies they have interests in. The president of SGAE was among 9 people arrested.
On Friday, more than 50 police, tax officials and staff from Spainís Audit Office were involved in Operation Saga, the culmination of a two-year investigation into the dealings of Spanish music rights and anti-piracy groups SGAE and SDAE.